Marc Lasry
$1.9B
Born
Sep 23, 1960
Age
65
Source of Wealth
Hedge funds
Residence
New York, New York
Citizenship
United States
Marital Status
Married
Children
5
Education
Bachelor of Arts/Science, Clark University; Doctor of Jurisprudence, New York Law School
- Marc Lasry and his sister Sonia founded Avenue Capital Management in 1995 with $7 million in funding from friends and family.
- The firm manages about $13 billion in assets and focuses on distressed and undervalued securities.
- Lasry was born in Morocco and moved to the U.S. at age 7 with his family, sharing a bedroom with his 2 siblings for a decade.
- He is a major supporter of the Democratic Party, having raised funds for President Obama and candidate Hilary Clinton in the past.
- Lasry reportedly sold a 25% stake in the Milwaukee Bucks in 2023, when the team was valued at $3.5 billion.
- In August 2017, his daughter Sophie married Alex Swieca, the son of a cofounder of hedge fund Highbridge Capital.
- A comic book collector, Lasry sold a Wonder Woman #1 comic at auction for a record $291,000 in December 2016.
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